Cyient shares tumble 19% after CEO’s exit, lower guidance for FY25. What should investors do?

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Shares of Cyient Ltd tumbled 24% on Friday to Rs 1328.90 on the BSE after the technology services firm reported a weak December quarter performance and announced the resignation of its CEO, Karthikeyan Natarajan, amid reduced FY25 growth and margin guidance.The company’s DET (digital, engineering, and technology) segment posted a revenue of Rs 1,480 crore for the third quarter of fiscal 2025, marking a 2.1% quarter-on-quarter (QoQ) growth but a 0.8% decline year-on-year (YoY). The DET EBIT stood at Rs 200 crore with a margin of 13.5%, while the…



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Cyient shares tumble 19% after CEO’s exit, lower guidance for FY25. What should investors do?


Shares of Cyient Ltd tumbled 24% on Friday to Rs 1328.90 on the BSE after the technology services firm reported a weak December quarter performance and announced the resignation of its CEO, Karthikeyan Natarajan, amid reduced FY25 growth and margin guidance.The company’s DET (digital, engineering, and technology) segment posted a revenue of Rs 1,480 crore for the third quarter of fiscal 2025, marking a 2.1% quarter-on-quarter (QoQ) growth but a 0.8% decline year-on-year (YoY). The DET EBIT stood at Rs 200 crore with a margin of 13.5%, while the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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